“Park District of Oak Park receives GFOA award for 2020 financial audit report”
The Park District of Oak Park’s annual comprehensive financial report for the fiscal year ended December 31, 2020 has met the requirements to be awarded GFOA’s Certificate of Achievement for Excellence in Financial Reporting.
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting Program (Certificate Program) in 1945 to encourage and assist state and local governments to go beyond the minimum requirements of generally accepted accounting principles to prepare annual comprehensive financial reports that evidence the spirit of transparency and full disclosure and then to recognize individual governments that succeed in achieving that goal.
The Certificate of Achievement is the highest form of recognition in governmental accounting and financial reporting.
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